|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Citibank Agents Revolving Credit Facility Upsize for Transocean
|
Lenders/Participants
|
Citibank [Administrative Agent]
|
|
Structure
|
Revolver Increase
|
|
Amount
|
$1.360
Billion
|
|
Borrower(s)
|
Transocean Ltd.
|
|
Description
|
Company amended the terms of its Revolving Credit Facility dated June 22, 2018 to increase the capacity of the Facility to $1.36 billion from $1.0 billion. The Facility contains an accordion provision permitting an increase in capacity of up to $500 million. The Facility, which matures in July 2023, is currently undrawn. An additional $140 million remains available under the Facility's accordion provision.
|
|
Industry
|
Energy
|
| Related Tags |
Citibank
|
ABL Advisor
Deal Tables
2024
|
|
|
|